John Lewis Partnership
The John Lewis Partnership plc (JLP) is a British company that operates John Lewis & Partners department stores, Waitrose & Partners supermarkets, its banking and financial services, and other retail-related activities. The public limited company is owned by a trust on behalf of all its employees – known as partners – and a bonus, akin to a share of the profit, is paid to employees. John Lewis has around 80,800 partners/employees as of 2020. JLP Group was the third-largest UK non-traded company by sales in The Sunday Times Top Track 100 for 2016. The chain's image is upmarket, and its customers are likely to be more affluent consumers. It was a member of the International Association of Department Stores from 2004 to 2010.
| Company type | Public limited company |
|---|---|
| Industry | Retail |
| Founded | Oxford Street, London (1929) |
| Founder | John Spedan Lewis |
| Headquarters | Westminster, London |
Key people | Dame Sharon White (Chairman) |
| Products |
|
| Revenue | £10.84 billion (FY2022) |
| £118.3 million (FY2022) | |
Net income | £−67.8 million (FY2022) |
| Total assets | £7.785 billion (FY2022) |
| Total equity | £2.748 billion (FY2022) |
Number of employees | 80,000 (2022) |
| Subsidiaries |
|
| Website | johnlewispartnership |
The Partnership also supplied the Ocado web supermarket with Waitrose own-brand foods and John Lewis own-brand non-food items such as furniture. This arrangement expired in September 2020, when Marks & Spencer began a new £750 million contract with Ocado.